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Tasty Bite Eatables Limited
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Let's analyze Tasty Bite Eatables Limited together

I guess you are interested in Tasty Bite Eatables Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Tasty Bite Eatables Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Tasty Bite Eatables Limited (30 sec.)










What can you expect buying and holding a share of Tasty Bite Eatables Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.05
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR948.92
Expected worth in 1 year
INR1,359.11
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR414.20
Return On Investment
4.1%

For what price can you sell your share?

Current Price per Share
INR10,180.00
Expected price per share
INR9,113 - INR11,995
How sure are you?
50%
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1. Valuation of Tasty Bite Eatables Limited (5 min.)




Live pricePrice per Share (EOD)

INR10,180.00

Intrinsic Value Per Share

INR564.48 - INR1,536.16

Total Value Per Share

INR1,513.39 - INR2,485.07

2. Growth of Tasty Bite Eatables Limited (5 min.)




Is Tasty Bite Eatables Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$29.2m$26m$3.1m10.8%

How much money is Tasty Bite Eatables Limited making?

Current yearPrevious yearGrowGrow %
Making money$3.6m$1.2m$2.3m65.8%
Net Profit Margin6.4%2.8%--

How much money comes from the company's main activities?

3. Financial Health of Tasty Bite Eatables Limited (5 min.)




4. Comparing to competitors in the Food - Major Diversified industry (5 min.)




  Industry Rankings (Food - Major Diversified)  

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What can you expect buying and holding a share of Tasty Bite Eatables Limited? (5 min.)

Welcome investor! Tasty Bite Eatables Limited's management wants to use your money to grow the business. In return you get a share of Tasty Bite Eatables Limited.

What can you expect buying and holding a share of Tasty Bite Eatables Limited?

First you should know what it really means to hold a share of Tasty Bite Eatables Limited. And how you can make/lose money.

Speculation

The Price per Share of Tasty Bite Eatables Limited is INR10,180. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Tasty Bite Eatables Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Tasty Bite Eatables Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR948.92. Based on the TTM, the Book Value Change Per Share is INR102.55 per quarter. Based on the YOY, the Book Value Change Per Share is INR41.15 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR1.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Tasty Bite Eatables Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps1.410.0%1.410.0%0.480.0%1.410.0%1.080.0%
Usd Book Value Change Per Share1.230.0%1.230.0%0.490.0%1.350.0%1.140.0%
Usd Dividend Per Share0.010.0%0.010.0%0.020.0%0.020.0%0.030.0%
Usd Total Gains Per Share1.240.0%1.240.0%0.520.0%1.370.0%1.160.0%
Usd Price Per Share96.34-96.34-130.38-121.54-78.36-
Price to Earnings Ratio68.19-68.19-269.93-111.97-74.21-
Price-to-Total Gains Ratio77.53-77.53-251.82-110.07-75.33-
Price to Book Ratio8.46-8.46-12.84-13.91-11.86-
Price-to-Total Gains Ratio77.53-77.53-251.82-110.07-75.33-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share122.16
Number of shares8
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.02
Usd Book Value Change Per Share1.231.35
Usd Total Gains Per Share1.241.37
Gains per Quarter (8 shares)9.9410.98
Gains per Year (8 shares)39.7643.92
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10393014334
21797028678
311181102129122
421581503173166
521971904216210
622362305259254
732762705302298
833153106345342
933543507388386
1043943908432430

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
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Fundamentals of Tasty Bite Eatables Limited

About Tasty Bite Eatables Limited

Tasty Bite Eatables Limited manufactures and sells ready-to-eat food, and formed frozen food and specialty sauces under the Tasty Bite brand name in India and internationally. The company offers rice, Indian entrées, Asian noodles, patties, appetizers, ready meals, and gravies and pastes, as well as specialty, emulsion, and tomato based sauces; and ingredients, such as basmati rice, black lentils, brown rice, cardamom, cashew nuts, chickpeas, cloves, coconut milk, coriander, and cumin. The company was incorporated in 1985 and is based in Pune, India. Tasty Bite Eatables Limited is a subsidiary of Preferred Brands Foods (India) Private Limited.

Fundamental data was last updated by Penke on 2024-06-23 12:55:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.
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1.1. Profitability of Tasty Bite Eatables Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Tasty Bite Eatables Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Tasty Bite Eatables Limited to the¬†Food - Major Diversified industry mean.
  • A Net Profit Margin of 6.4%¬†means that¬†₹0.06 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Tasty Bite Eatables Limited:

  • The MRQ is 6.4%. The company is making a profit. +1
  • The TTM is 6.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.4%TTM6.4%0.0%
TTM6.4%YOY2.8%+3.6%
TTM6.4%5Y7.6%-1.2%
5Y7.6%10Y7.2%+0.3%
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ6.4%2.3%+4.1%
TTM6.4%2.3%+4.1%
YOY2.8%2.2%+0.6%
5Y7.6%2.6%+5.0%
10Y7.2%1.0%+6.2%
1.1.2. Return on Assets

Shows how efficient Tasty Bite Eatables Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Tasty Bite Eatables Limited to the¬†Food - Major Diversified industry mean.
  • 6.6% Return on Assets means that¬†Tasty Bite Eatables Limited generated¬†₹0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Tasty Bite Eatables Limited:

  • The MRQ is 6.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.6%TTM6.6%0.0%
TTM6.6%YOY2.4%+4.2%
TTM6.6%5Y9.0%-2.4%
5Y9.0%10Y9.7%-0.8%
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6%4.5%+2.1%
TTM6.6%4.5%+2.1%
YOY2.4%3.2%-0.8%
5Y9.0%4.7%+4.3%
10Y9.7%4.1%+5.6%
1.1.3. Return on Equity

Shows how efficient Tasty Bite Eatables Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Tasty Bite Eatables Limited to the¬†Food - Major Diversified industry mean.
  • 12.4% Return on Equity means Tasty Bite Eatables Limited generated ₹0.12¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Tasty Bite Eatables Limited:

  • The MRQ is 12.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.4%TTM12.4%0.0%
TTM12.4%YOY4.8%+7.7%
TTM12.4%5Y16.8%-4.4%
5Y16.8%10Y22.4%-5.6%
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ12.4%11.5%+0.9%
TTM12.4%11.5%+0.9%
YOY4.8%8.7%-3.9%
5Y16.8%15.7%+1.1%
10Y22.4%9.7%+12.7%
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1.2. Operating Efficiency of Tasty Bite Eatables Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Tasty Bite Eatables Limited is operating .

  • Measures how much profit Tasty Bite Eatables Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Tasty Bite Eatables Limited to the¬†Food - Major Diversified industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Tasty Bite Eatables Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y7.0%-7.0%
5Y7.0%10Y9.6%-2.5%
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ--6.9%+6.9%
TTM--6.9%+6.9%
YOY--17.0%+17.0%
5Y7.0%2.3%+4.7%
10Y9.6%3.3%+6.3%
1.2.2. Operating Ratio

Measures how efficient Tasty Bite Eatables Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Food - Major Diversified industry mean).
  • An Operation Ratio of 0.68 means that the operating costs are ₹0.68 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Tasty Bite Eatables Limited:

  • The MRQ is 0.677. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.677. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.677TTM0.6770.000
TTM0.677YOY0.706-0.029
TTM0.6775Y1.029-0.352
5Y1.02910Y1.270-0.241
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6770.815-0.138
TTM0.6770.815-0.138
YOY0.7060.764-0.058
5Y1.0291.095-0.066
10Y1.2701.430-0.160
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1.3. Liquidity of Tasty Bite Eatables Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Tasty Bite Eatables Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Food - Major Diversified industry mean).
  • A Current Ratio of 1.48¬†means the company has ₹1.48 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Tasty Bite Eatables Limited:

  • The MRQ is 1.477. The company is just able to pay all its short-term debts.
  • The TTM is 1.477. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.477TTM1.4770.000
TTM1.477YOY1.506-0.029
TTM1.4775Y1.647-0.170
5Y1.64710Y1.539+0.108
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4771.184+0.293
TTM1.4771.184+0.293
YOY1.5061.171+0.335
5Y1.6471.175+0.472
10Y1.5391.289+0.250
1.3.2. Quick Ratio

Measures if Tasty Bite Eatables Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Tasty Bite Eatables Limited to the¬†Food - Major Diversified industry mean.
  • A Quick Ratio of 0.62¬†means the company can pay off ₹0.62 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Tasty Bite Eatables Limited:

  • The MRQ is 0.617. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.617. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.617TTM0.6170.000
TTM0.617YOY0.553+0.064
TTM0.6175Y0.671-0.054
5Y0.67110Y0.668+0.004
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6170.402+0.215
TTM0.6170.402+0.215
YOY0.5530.393+0.160
5Y0.6710.415+0.256
10Y0.6680.631+0.037
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1.4. Solvency of Tasty Bite Eatables Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Tasty Bite Eatables Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Tasty Bite Eatables Limited to Food - Major Diversified industry mean.
  • A Debt to Asset Ratio of 0.47¬†means that Tasty Bite Eatables Limited assets are¬†financed with 47.2% credit (debt) and the remaining percentage (100% - 47.2%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Tasty Bite Eatables Limited:

  • The MRQ is 0.472. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.472. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.472TTM0.4720.000
TTM0.472YOY0.496-0.024
TTM0.4725Y0.475-0.003
5Y0.47510Y0.531-0.056
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4720.611-0.139
TTM0.4720.611-0.139
YOY0.4960.687-0.191
5Y0.4750.650-0.175
10Y0.5310.656-0.125
1.4.2. Debt to Equity Ratio

Measures if Tasty Bite Eatables Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Tasty Bite Eatables Limited to the¬†Food - Major Diversified industry mean.
  • A Debt to Equity ratio of 89.3% means that company has ₹0.89 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Tasty Bite Eatables Limited:

  • The MRQ is 0.893. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.893. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.893TTM0.8930.000
TTM0.893YOY0.984-0.090
TTM0.8935Y0.917-0.023
5Y0.91710Y1.376-0.460
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8931.572-0.679
TTM0.8931.572-0.679
YOY0.9842.194-1.210
5Y0.9171.922-1.005
10Y1.3761.996-0.620
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2. Market Valuation of Tasty Bite Eatables Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Tasty Bite Eatables Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Tasty Bite Eatables Limited to the¬†Food - Major Diversified industry mean.
  • A PE ratio of 68.19 means the investor is paying ₹68.19¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Tasty Bite Eatables Limited:

  • The EOD is 86.468. Based on the earnings, the company is expensive. -2
  • The MRQ is 68.194. Based on the earnings, the company is expensive. -2
  • The TTM is 68.194. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD86.468MRQ68.194+18.274
MRQ68.194TTM68.1940.000
TTM68.194YOY269.934-201.740
TTM68.1945Y111.970-43.776
5Y111.97010Y74.208+37.763
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD86.46815.995+70.473
MRQ68.19416.122+52.072
TTM68.19416.122+52.072
YOY269.93412.561+257.373
5Y111.97015.810+96.160
10Y74.20824.111+50.097
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Tasty Bite Eatables Limited:

  • The EOD is 114.832. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 90.564. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 90.564. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD114.832MRQ90.564+24.268
MRQ90.564TTM90.5640.000
TTM90.564YOY130.275-39.711
TTM90.5645Y-13.155+103.718
5Y-13.15510Y13.494-26.649
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD114.83266.421+48.411
MRQ90.56433.918+56.646
TTM90.56433.918+56.646
YOY130.275-11.742+142.017
5Y-13.155-5.541-7.614
10Y13.494-3.078+16.572
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Tasty Bite Eatables Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Food - Major Diversified industry mean).
  • A PB ratio of 8.46 means the investor is paying ₹8.46¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Tasty Bite Eatables Limited:

  • The EOD is 10.728. Based on the equity, the company is expensive. -2
  • The MRQ is 8.461. Based on the equity, the company is overpriced. -1
  • The TTM is 8.461. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD10.728MRQ8.461+2.267
MRQ8.461TTM8.4610.000
TTM8.461YOY12.837-4.376
TTM8.4615Y13.915-5.454
5Y13.91510Y11.860+2.055
Compared to industry (Food - Major Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD10.7285.743+4.985
MRQ8.4612.933+5.528
TTM8.4612.933+5.528
YOY12.8372.874+9.963
5Y13.9152.546+11.369
10Y11.8602.856+9.004
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Tasty Bite Eatables Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--102.549102.5490%41.146+149%112.404-9%94.892+8%
Book Value Per Share--948.917948.9170%846.368+12%750.138+26%493.693+92%
Current Ratio--1.4771.4770%1.506-2%1.647-10%1.539-4%
Debt To Asset Ratio--0.4720.4720%0.496-5%0.475-1%0.531-11%
Debt To Equity Ratio--0.8930.8930%0.984-9%0.917-3%1.376-35%
Dividend Per Share--1.0021.0020%1.999-50%1.965-49%2.111-53%
Eps--117.732117.7320%40.249+193%117.541+0%89.822+31%
Free Cash Flow Per Share--88.65288.6520%83.398+6%29.194+204%19.834+347%
Free Cash Flow To Equity Per Share--19.25219.2520%-108.258+662%3.871+397%-0.086+100%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1536.157--------
Intrinsic Value_10Y_min--564.478--------
Intrinsic Value_1Y_max--60.991--------
Intrinsic Value_1Y_min--36.464--------
Intrinsic Value_3Y_max--254.087--------
Intrinsic Value_3Y_min--127.619--------
Intrinsic Value_5Y_max--532.581--------
Intrinsic Value_5Y_min--237.866--------
Market Cap26121880000.000+21%20601387600.00020601387600.0000%27878820200.000-26%25989910620.000-21%16755723400.000+23%
Net Profit Margin--0.0640.0640%0.028+129%0.076-16%0.072-12%
Operating Margin----0%-0%0.070-100%0.096-100%
Operating Ratio--0.6770.6770%0.706-4%1.029-34%1.270-47%
Pb Ratio10.728+21%8.4618.4610%12.837-34%13.915-39%11.860-29%
Pe Ratio86.468+21%68.19468.1940%269.934-75%111.970-39%74.208-8%
Price Per Share10180.000+21%8028.6008028.6000%10864.700-26%10128.570-21%6529.900+23%
Price To Free Cash Flow Ratio114.832+21%90.56490.5640%130.275-30%-13.155+115%13.494+571%
Price To Total Gains Ratio98.310+21%77.53377.5330%251.818-69%110.067-30%75.334+3%
Quick Ratio--0.6170.6170%0.553+12%0.671-8%0.668-8%
Return On Assets--0.0660.0660%0.024+173%0.090-27%0.097-33%
Return On Equity--0.1240.1240%0.048+161%0.168-26%0.224-45%
Total Gains Per Share--103.550103.5500%43.145+140%114.370-9%97.003+7%
Usd Book Value--29219040.00029219040.0000%26061360.000+12%23098240.800+26%15201787.200+92%
Usd Book Value Change Per Share--1.2311.2310%0.494+149%1.349-9%1.139+8%
Usd Book Value Per Share--11.38711.3870%10.156+12%9.002+26%5.924+92%
Usd Dividend Per Share--0.0120.0120%0.024-50%0.024-49%0.025-53%
Usd Eps--1.4131.4130%0.483+193%1.410+0%1.078+31%
Usd Free Cash Flow--2729760.0002729760.0000%2568000.000+6%898932.000+204%610719.600+347%
Usd Free Cash Flow Per Share--1.0641.0640%1.001+6%0.350+204%0.238+347%
Usd Free Cash Flow To Equity Per Share--0.2310.2310%-1.299+662%0.046+397%-0.001+100%
Usd Market Cap313462560.000+21%247216651.200247216651.2000%334545842.400-26%311878927.440-21%201068680.800+23%
Usd Price Per Share122.160+21%96.34396.3430%130.376-26%121.543-21%78.359+23%
Usd Profit--3625200.0003625200.0000%1239360.000+193%3619324.800+0%2765974.800+31%
Usd Revenue--57079560.00057079560.0000%44650920.000+28%47898494.400+19%36908647.200+55%
Usd Total Gains Per Share--1.2431.2430%0.518+140%1.372-9%1.164+7%
 EOD+4 -4MRQTTM+0 -0YOY+27 -75Y+18 -1710Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of Tasty Bite Eatables Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1586.468
Price to Book Ratio (EOD)Between0-110.728
Net Profit Margin (MRQ)Greater than00.064
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.617
Current Ratio (MRQ)Greater than11.477
Debt to Asset Ratio (MRQ)Less than10.472
Debt to Equity Ratio (MRQ)Less than10.893
Return on Equity (MRQ)Greater than0.150.124
Return on Assets (MRQ)Greater than0.050.066
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Tasty Bite Eatables Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.464
Ma 20Greater thanMa 5010,571.135
Ma 50Greater thanMa 10010,769.295
Ma 100Greater thanMa 20011,665.764
OpenGreater thanClose10,194.650
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets4,610,110
Total Liabilities2,175,190
Total Stockholder Equity2,434,920
 As reported
Total Liabilities 2,175,190
Total Stockholder Equity+ 2,434,920
Total Assets = 4,610,110

Assets

Total Assets4,610,110
Total Current Assets1,851,350
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 134,910
Short-term Investments 58,510
Net Receivables 579,940
Inventory 941,520
Other Current Assets 2,560
Total Current Assets  (as reported)1,851,350
Total Current Assets  (calculated)1,717,440
+/- 133,910
Long-term Assets
Property Plant Equipment 2,601,410
Intangible Assets 8,120
Long-term Assets  (as reported)0
Long-term Assets  (calculated)2,609,530
+/- 2,609,530

Liabilities & Shareholders' Equity

Total Current Liabilities1,253,250
Long-term Liabilities0
Total Stockholder Equity2,434,920
Total Current Liabilities
Short-term Debt 287,390
Total Current Liabilities  (as reported)1,253,250
Total Current Liabilities  (calculated)287,390
+/- 965,860
Long-term Liabilities
Long term Debt Total 859,450
Capital Lease Obligations Min Short Term Debt-287,390
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)572,060
+/- 572,060
Total Stockholder Equity
Retained Earnings 2,430,280
Capital Surplus 9,480
Total Stockholder Equity (as reported)2,434,920
Total Stockholder Equity (calculated)2,439,760
+/- 4,840
Other
Cash And Equivalents660
Cash and Short Term Investments 134,910
Common Stock Shares Outstanding 2,566
Liabilities and Stockholders Equity 4,610,110
Net Working Capital 598,100



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
1,088,121
1,126,633
1,309,274
1,697,263
1,918,736
2,247,813
2,996,960
4,475,100
4,308,160
4,610,110
4,610,1104,308,1604,475,1002,996,9602,247,8131,918,7361,697,2631,309,2741,126,6331,088,121
   > Total Current Assets 
434,583
511,229
678,501
888,019
1,056,250
1,205,908
1,504,240
1,997,390
1,590,140
1,851,350
1,851,3501,590,1401,997,3901,504,2401,205,9081,056,250888,019678,501511,229434,583
       Cash And Cash Equivalents 
44,816
61,726
28,770
28,731
57,062
77,547
77,580
348,190
39,600
134,910
134,91039,600348,19077,58077,54757,06228,73128,77061,72644,816
       Short-term Investments 
0
8,500
19,000
3,556
0
0
800
0
0
58,510
58,51000800003,55619,0008,5000
       Net Receivables 
206,599
260,347
233,218
329,904
368,921
383,686
570,290
543,400
544,480
579,940
579,940544,480543,400570,290383,686368,921329,904233,218260,347206,599
       Inventory 
139,337
140,472
190,177
275,829
351,648
527,370
663,170
822,830
734,770
941,520
941,520734,770822,830663,170527,370351,648275,829190,177140,472139,337
       Other Current Assets 
41,024
38,046
161,374
216,078
19,749
58,077
800
10,600
11,610
2,560
2,56011,61010,60080058,07719,749216,078161,37438,04641,024
   > Long-term Assets 
0
0
0
809,260
862,486
1,041,905
1,492,720
0
0
0
0001,492,7201,041,905862,486809,260000
       Property Plant Equipment 
641,368
609,682
614,185
737,793
783,938
922,337
1,247,090
2,207,480
2,503,220
2,601,410
2,601,4102,503,2202,207,4801,247,090922,337783,938737,793614,185609,682641,368
       Intangible Assets 
160
0
342
1,778
1,454
1,931
2,410
2,730
2,430
8,120
8,1202,4302,7302,4101,9311,4541,7783420160
       Long-term Assets Other 
0
0
0
2,306
-1,454
0
0
0
0
0
00000-1,4542,306000
> Total Liabilities 
743,216
679,162
794,932
952,866
925,962
927,826
1,365,580
2,408,900
2,136,380
2,175,190
2,175,1902,136,3802,408,9001,365,580927,826925,962952,866794,932679,162743,216
   > Total Current Liabilities 
457,236
415,067
532,539
518,471
532,591
575,470
1,007,670
1,201,610
1,055,830
1,253,250
1,253,2501,055,8301,201,6101,007,670575,470532,591518,471532,539415,067457,236
       Short-term Debt 
439,994
434,944
266,663
243,664
65,130
60,000
339,120
495,950
227,700
287,390
287,390227,700495,950339,12060,00065,130243,664266,663434,944439,994
       Short Long Term Debt 
439,994
434,944
406,128
524,197
121,386
127,057
412,060
0
0
0
000412,060127,057121,386524,197406,128434,944439,994
       Accounts payable 
231,369
168,711
195,874
200,753
256,764
384,370
478,680
0
0
0
000478,680384,370256,764200,753195,874168,711231,369
       Other Current Liabilities 
12,815
12,248
21,562
25,800
13,533
20,540
61,780
0
0
0
00061,78020,54013,53325,80021,56212,24812,815
   > Long-term Liabilities 
0
0
0
422,752
393,371
352,356
357,920
0
0
0
000357,920352,356393,371422,752000
       Long term Debt Total 
0
0
197,435
360,370
305,704
258,126
288,920
1,133,710
1,020,950
859,450
859,4501,020,9501,133,710288,920258,126305,704360,370197,43500
       Capital Lease Obligations 
0
0
0
0
0
0
91,290
0
0
0
00091,290000000
       Long-term Liabilities Other 
0
0
0
0
0
0
10
0
0
0
00010000000
> Total Stockholder Equity
222,869
325,435
514,342
744,397
992,774
1,319,987
1,631,380
2,066,200
2,171,780
2,434,920
2,434,9202,171,7802,066,2001,631,3801,319,987992,774744,397514,342325,435222,869
   Common Stock
25,660
25,660
25,660
25,660
25,660
25,660
25,660
25,660
25,660
25,660
25,66025,66025,66025,66025,66025,66025,66025,66025,66025,660
   Retained Earnings 
182,000
284,566
488,682
718,737
947,436
1,241,891
1,644,310
2,032,600
2,130,750
2,430,280
2,430,2802,130,7502,032,6001,644,3101,241,891947,436718,737488,682284,566182,000
   Capital Surplus 
0
0
0
0
9,475
9,475
9,480
9,480
9,480
9,480
9,4809,4809,4809,4809,4759,4750000
   Treasury Stock0000000000
   Other Stockholders Equity 
5,734
5,734
11,728
39,374
3,826
25,686
-65,350
-18,830
-11,400
-47,790
-47,790-11,400-18,830-65,35025,6863,82639,37411,7285,7345,734



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue4,756,630
Cost of Revenue-3,219,740
Gross Profit1,536,8901,536,890
 
Operating Income (+$)
Gross Profit1,536,890
Operating Expense-0
Operating Income364,8501,536,890
 
Operating Expense (+$)
Research Development0
Selling General Administrative821,860
Selling And Marketing Expenses0
Operating Expense0821,860
 
Net Interest Income (+$)
Interest Income91,660
Interest Expense-0
Other Finance Cost-91,660
Net Interest Income0
 
Pretax Income (+$)
Operating Income364,850
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)407,670364,850
EBIT - interestExpense = 0
302,100
302,100
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0407,670
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax407,670
Tax Provision-105,570
Net Income From Continuing Ops0302,100
Net Income302,100
Net Income Applicable To Common Shares302,100
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Tasty Bite Eatables Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Tasty Bite Eatables Limited. The general trend of Tasty Bite Eatables Limited is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Tasty Bite Eatables Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Tasty Bite Eatables Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 11,055 < 11,764 < 11,995.

The bearish price targets are: 10,098 > 9,955 > 9,113.

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Tasty Bite Eatables Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Tasty Bite Eatables Limited. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Tasty Bite Eatables Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Tasty Bite Eatables Limited. The current macd is -163.69543132.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Tasty Bite Eatables Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Tasty Bite Eatables Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Tasty Bite Eatables Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Tasty Bite Eatables Limited Daily Moving Average Convergence/Divergence (MACD) ChartTasty Bite Eatables Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Tasty Bite Eatables Limited. The current adx is 15.07.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Tasty Bite Eatables Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Tasty Bite Eatables Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Tasty Bite Eatables Limited. The current sar is 11,300.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Tasty Bite Eatables Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Tasty Bite Eatables Limited. The current rsi is 37.46. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Tasty Bite Eatables Limited Daily Relative Strength Index (RSI) ChartTasty Bite Eatables Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Tasty Bite Eatables Limited. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Tasty Bite Eatables Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Tasty Bite Eatables Limited Daily Stochastic Oscillator ChartTasty Bite Eatables Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Tasty Bite Eatables Limited. The current cci is -116.78943622.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Tasty Bite Eatables Limited Daily Commodity Channel Index (CCI) ChartTasty Bite Eatables Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Tasty Bite Eatables Limited. The current cmo is -33.83420086.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Tasty Bite Eatables Limited Daily Chande Momentum Oscillator (CMO) ChartTasty Bite Eatables Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Tasty Bite Eatables Limited. The current willr is -96.12300449.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Tasty Bite Eatables Limited Daily Williams %R ChartTasty Bite Eatables Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Tasty Bite Eatables Limited.

Tasty Bite Eatables Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Tasty Bite Eatables Limited. The current atr is 304.03.

Tasty Bite Eatables Limited Daily Average True Range (ATR) ChartTasty Bite Eatables Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Tasty Bite Eatables Limited. The current obv is 15,495.

Tasty Bite Eatables Limited Daily On-Balance Volume (OBV) ChartTasty Bite Eatables Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Tasty Bite Eatables Limited. The current mfi is 25.59.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Tasty Bite Eatables Limited Daily Money Flow Index (MFI) ChartTasty Bite Eatables Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Tasty Bite Eatables Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-16STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-04-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-04-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-04-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-05-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-21BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-06-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-07-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-11STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Tasty Bite Eatables Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Tasty Bite Eatables Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.464
Ma 20Greater thanMa 5010,571.135
Ma 50Greater thanMa 10010,769.295
Ma 100Greater thanMa 20011,665.764
OpenGreater thanClose10,194.650
Total1/5 (20.0%)
Penke

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